How to Buy Charles River Laboratories International Stock
Charles River Laboratories International Inc
Charles River Laboratories International is a diagnostic & research company located in Massachusetts, United States, which is part of the Healthcare sector, and is traded under the ticker CRL on the NYSE exchange.
Charles River Laboratories International stock last closed at $186.12, down 0.95% from the previous day, and has decreased 12.68% in one year. It has overperformed other stocks in the Diagnostics & Research industry by 0.17 percentage points. Charles River Laboratories International stock is currently +5.46% from its 52-week low of $176.48, and -32.32% from its 52-week high of $275.00.
There are currently 51.14M shares of CRL outstanding. The market value of CRL is $9.52B. In the past 24 hours, 910,507 CRL shares were traded.
How to Buy Charles River Laboratories International Stock
Not sure how to invest in Charles River Laboratories International stock? Here's how.
- Choose where to buy Charles River Laboratories International stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you determine where to buy Charles River Laboratories International stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your method of payment and add your information.
- Evaluate Charles River Laboratories International stock: The Charles River Laboratories International ticker symbol is CRL. Is Charles River Laboratories International stock a good investment? Should you buy shares of CRL? How do CRL's underlying business fundamentals look? Do top analysts think Charles River Laboratories International is a good buy? Why has CRL's stock price moved recently? (Hint: Our stock market analysis website can help you understand if CRL is a good stock to buy).
- Make your CRL trade: Decide if you will purchase CRL shares at the current market price or use a limit order to buy CRL shares at a given price.
- Get notifications regarding your CRL investment: Create a watchlist to important notifications about your position in Charles River Laboratories International stock.
Step 1: Choose where to buy Charles River Laboratories International stock
You will need an online brokerage account to access the NYSE market and buy CRL stock.
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Open eToro AccountStep 2: Open a brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal details so you are able to invest in CRL today.
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- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to open your new brokerage account.
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Step 3: Deposit funds into your investment account
Now that you've opened your account on the highest rated stock app, you need to deposit funds:
Watch the tutorial below to see the process of transferring funds into your investment account.
Step 4: Evaluate Charles River Laboratories International stock
Once you have figured out the best place to buy Charles River Laboratories International stock, it's important to analyze their stock prior to buying, so you actually comprehend the risk and opportunity.
Charles River Laboratories International stock at a glance
Fundamentals of Charles River Laboratories International
WallStreetZen was designed to help average investors do more accurate fundamental analysis.
You can view all of the due diligence checks on CRL's stock page.
Is CRL stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CRL's true value.
Using relative valuations measures:
- CRL could be overvalued based on its P/E ratio of 23.12x, relative to Diagnostics & Research industry P/E ratio of 21.83x
- CRL may be undervalued based on its P/B ratio of 2.52x, relative to Diagnostics & Research industry P/B ratio of 4.05x
- CRL may be overvalued based on its PEG ratio of 1.03x
You can access more valuation research on CRL's stock here.
A quick look at CRL Financials
Passed Health Checks:
- There are more short-term assets than short-term liabilities on the CRL balance sheet.
- CRL's operating cash flow of $796.16M allows it to safely service it's debt of $2.76B.
- Total CRL debt is lower than 5 years ago, relative to shareholder equity.
Failed Health Checks:
- CRL profit margin has gone down from 11.3% to 10.2% in the past year.
- CRL has a relatively high debt to equity ratio of 1.1.
- CRL earnings of $646.00M is not enough to cover its interest payments.
- There are more long-term liabilities than short-term assets on the CRL balance sheet.
Is Charles River Laboratories International stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 10 sell side analysts who track CRL, the consensus analyst rating on Charles River Laboratories International is a Hold
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Most Recent CRL Analyst Recommendations
Jamie Clark, a bottom 33% analyst from Redburn Atlantic initiates coverage on CRL with a strong sell rating and announces their CRL price target of $151.00, on Oct 14, 2024.
Patrick B Donnelly, a top 15% analyst from Citigroup downgrades CRL to a strong sell rating and lowers their CRL price target from $215.00 to $175.00, on Oct 1, 2024.
Eric Coldwell, a top 32% analyst from Baird maintains CRL with a hold rating and lowers their CRL price target from $191.00 to $190.00, on Sep 20, 2024.
Luke Sergott, a bottom 2% analyst from Barclays maintains CRL with a hold rating and lowers their CRL price target from $230.00 to $210.00, on Aug 8, 2024.
Matthew Sykes, a top 8% analyst from Goldman Sachs maintains CRL with a strong buy rating and lowers their CRL price target from $290.00 to $250.00, on Aug 8, 2024.
You can dive deeper into what analysts are saying on the Charles River Laboratories International stock forecast page.
CRL Trading Indicators
CRL Growth Numbers
Last year, CRL earnings were $413.08M. In the past 5 year, CRL's earnings have grown by 10.99% per year. This was faster than the Diagnostics & Research industry average of 10.71%.
Last year, CRL revenue was $4.06B. During the last 5 year, CRL's revenue has gone up by 9.91% per year. This was faster than the Diagnostics & Research industry average of 9.8%.
Dive into CRL's earnings and revenue performance here.
Latest Insiders Trades at CRL
In the last 12 months, executives and large shareholders at CRL have sold more shares than they have bought.
Richard F. Wallman, Director of CRL, was the latest CRL insider to sell. They sold $216,500.00 worth of CRL stock on Nov 7, 2024.
Dig into more about who owns CRL shares here.
Can I rely on CRL as an income stream?
No, Charles River Laboratories International doesn't provide an income stream by paying out dividends.
What do other traders have to say about CRL?
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
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Step 5: Make your CRL trade
You have two main options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price limit, use a limit order.
Click the Open button and eToro will place the order.
If you require additional help investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your CRL investment
Now that you own some CRL shares, you'll want to stay up-to-date on your new investment.
Create a watchlist to keep tabs on your CRL stock.
CRL Feed
How to Buy Stock in Charles River Laboratories International
To reiterate, here are the 6 steps to buy Charles River Laboratories International stock:
- Choose where to buy Charles River Laboratories International stock
- Open a brokerage account
- Deposit funds into your investment account
- Evaluate Charles River Laboratories International stock
- Make your CRL trade
- Get notifications regarding your CRL investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to keep tabs on your investment in Charles River Laboratories International, click below.
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